• Team Europe unveils €1B investment plan for Côte d’Ivoire
• Programme targets energy, transport, training and agriculture sectors
• Initiative supports development plan and aims to boost growth and jobs

Team Europe announced on Monday, March 30, a €1 billion ($1.15 billion) investment programme to support Côte d’Ivoire’s National Development Plan (PND) 2026-2030, the Ministry of Planning and Development said.

The programme is part of the European Union’s “Global Gateway” strategy and aims to align European investment with Ivorian priorities. It targets four key sectors: energy, transport, vocational training and agricultural value chains.

Targeted investments in infrastructure and employment

The funding will support renewable energy development and improvements to the power grid. It will also improve urban mobility in Abidjan and along the Abidjan-Ouagadougou and Abidjan-Lagos corridors. In addition, the programme aims to boost youth employment and strengthen the competitiveness of export-oriented agriculture.

Ivorian authorities said the partnership reflects alignment between the PND 2026-2030 priorities and the European approach centred on sustainable investment. They added it confirms confidence among international partners in the country’s economic framework.

“Our aim is to position Côte d’Ivoire as a leading partner in Africa for this new model of cooperation, based on mutual interests and focused on inclusive, sustainable and resilient growth,” said Planning and Development Minister Souleymane Diarrassouba.

The initiative comes as Côte d’Ivoire benefits from a favourable economic environment. Growth is projected at 6.7% in 2026, inflation at 1.5%, and tax revenue at 15.7% of GDP.

The PND 2026-2030 aims to accelerate structural transformation and raise the country to upper-middle-income status by 2030. It plans total investment of more than 114,838.5 billion CFA francs ($201.4 billion), with a strong focus on jobs, clean energy and climate resilience.

In this context, Côte d’Ivoire is also strengthening its international partnerships. On March 25, it launched its 2026-2030 cooperation programme with the United Nations Development Programme to support implementation of the national strategy and progress towards upper-middle-income status.

Charlène N’dimon